|
NW Indiana | I'll say it again we all should be asking ourselves what is demand at current levels? What if we tack on 25 cents? What is demand at $4? As much as many want to look for the holy grail to marketing it is as simple as supply and demand(for commodities anyways). As much as the shock of 92 million corn acres gave us a boost the reality is setting in that the projected demand numbers are very lofty, so what does price do to those numbers? So anyone throwing out a yield or carryout number is wasting their time unless they are also projecting a price and demand thesis. All that said it is simple numbers on the wasde that should give you a good idea of opportunity, no rocket science involved. | |
|
For a turnaround Tuesday not a bad day.
